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Argentine energy sector boom dissipates fears about the strength of weight
MSN -
30/01
The rise of the Argentine energy sector is relieving concerns that a strong weight harms efforts to strengthen currency reserves for the imminent debt payments.
(Bloomberg) - The rise of the Argentine energy sector is relieving concerns that a strong weight harms efforts to strengthen currency reserves for the imminent debt payments.
The increase in oil and gas production thanks to the increase in perforations in the Shale de Vaca Muerta deposits is providing the Central Bank for a reliable source of dollars, regardless of the appreciation that the weight has experienced in recent months, As Pablo Goldberg, from Blackrock Inc., and Ricardo Adrogué, by Barings LLC.
Taking into account the solid perspectives... [Short citation of 8% of the original article]
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